Michigan Business Development Program Projects

See the listing of Michigan Business Development Program projects approved by the Michigan Strategic Fund to date.

Business Development Programs Report

The Report was last updated on Jun 4, 2026.

Aquest Machining & Assembly dba FabX Industries, Inc. - Performance Based Grant

Approval Date: Oct 21, 2019
Location: Greenville
Project Investment: Up to $1.30 million
Projected Jobs: 12
Projected Award Amount: Up to $60,000

Alumilite Corporation - Performance Based Grant

Approval Date: Oct 18, 2019
Location: Galesburg
Project Investment: Up to $2.13 million
Projected Jobs: 28
Projected Award Amount: Up to $112,000

Great Lakes Sound & Vibration, Inc. (GLSV) - Performance Based Grant

Approval Date: Oct 16, 2019
Location: Calumet
Project Investment: Up to $1.48 million
Projected Jobs: 20
Projected Award Amount: Up to $144,000

Acrisure - Performance Based Grant

Approval Date: Sep 24, 2019
Location: Grand Rapids
Project Investment: Up to $33.19 million
Projected Jobs: 400
Projected Award Amount: Up to $1.00 million

Michigan Software Labs - Performance Based Grant

Approval Date: Sep 19, 2019
Location: Ada
Project Investment: Up to $840,535
Projected Jobs: 27
Projected Award Amount: Up to $0

Arlington Automotive USA, Inc. - Performance Based Grant

Approval Date: Sep 11, 2019
Location: Romeo
Project Investment: Up to $4.60 million
Projected Jobs: 50
Projected Award Amount: Up to $320,000

MMI Engineered Solutions, Inc. - Performance Based Grant

Approval Date: Sep 11, 2019
Location: Warren
Project Investment: Up to $14.98 million
Projected Jobs: 111
Projected Award Amount: Up to $580,000

MMI Engineered Solutions, Inc. - Performance Based Grant

Approval Date: Sep 11, 2019
Location: Warren
Project Investment: Up to $14.98 million
Projected Jobs: 111
Projected Award Amount: Up to $261,261

Knauf Insulation, Inc. - Performance Based Grant

Approval Date: Jul 23, 2019
Location: Albion
Project Investment: Up to $32.48 million
Projected Jobs: 34
Projected Award Amount: Up to $204,000

KLA Corporation - Performance Based Grant

Approval Date: Jun 25, 2019
Location: Ann Arbor
Project Investment: Up to $151.13 million
Projected Jobs: 600
Projected Award Amount: Up to $2.50 million

BorgWarner - Akasol Incorporated - Performance Based Grant

Approval Date: Jun 25, 2019
Location: Hazel Park
Project Investment: Up to $40.38 million
Projected Jobs: 224
Projected Award Amount: Up to $900,000

American Chemical Solutions LLC - Performance Based Grant

Approval Date: Jun 24, 2019
Location: Muskegon
Project Investment: Up to $15.00 million
Projected Jobs: 38
Projected Award Amount: Up to $200,000

Stellantis - Performance Based Grant

Approval Date: May 21, 2019
Location: Detroit
Project Investment: Up to $1,614.06 million
Projected Jobs: 3850
Projected Award Amount: Up to $10.00 million

Webasto Roof Systems Inc. - Performance Based Grant

Approval Date: Apr 23, 2019
Location: Plymouth Township
Project Investment: Up to $47.92 million
Projected Jobs: 441
Projected Award Amount: Up to $2.70 million

Hansae Mobility (ERAE AMS Co., Ltd.) - Performance Based Grant

Approval Date: Mar 8, 2019
Location: Pontiac
Project Investment: Up to $17.05 million
Projected Jobs: 137
Projected Award Amount: Up to $685,000

Concord Tool & Manufacturing, Inc. - Performance Based Grant

Approval Date: Mar 8, 2019
Location: Mount Clemens
Project Investment: Up to $8.81 million
Projected Jobs: 75
Projected Award Amount: Up to $300,000

Ventra Evart, LLC - Performance Based Grant

Approval Date: Mar 8, 2019
Location: Evart
Project Investment: Up to $3.75 million
Projected Jobs: 50
Projected Award Amount: Up to $350,000

RPM Freight Systems, LLC - Performance Based Grant

Approval Date: Feb 26, 2019
Location: Royal Oak
Project Investment: Up to $4.91 million
Projected Jobs: 500
Projected Award Amount: Up to $472,500

Miniature Custom Manufacturing - Performance Based Grant

Approval Date: Feb 20, 2019
Location: Vicksburg
Project Investment: Up to $3.00 million
Projected Jobs: 37
Projected Award Amount: Up to $175,000

BISSELL, Inc. - Performance Based Grant

Approval Date: Jan 24, 2019
Location: Grand Rapids
Project Investment: Up to $10.00 million
Projected Jobs: 100
Projected Award Amount: Up to $500,000